Palantir Technologies Inc. (NYSE:PLTR) has a beta value of 0 and has seen 33,529,296 shares traded in the last trading session. The company, currently valued at $41.64 Billion, closed the last trade at $22.3 per share which meant it lost -$0.74 on the day or -3.21% during that session. The PLTR stock price is -101.79% off its 52-week high price of $45 and 60.09% above the 52-week low of $8.9. If we look at the company’s 10-day average daily trading volume, we find that it stood at 55.73 Million shares traded. The 3-month trading volume is 86.64 Million shares.
The consensus among analysts is that Palantir Technologies Inc. (PLTR) is a Hold stock at the moment, with a recommendation rating of 3.2. 3 analysts rate the stock as a Sell, while none rate it as Overweight. 4 out of 9 have rated it as a Hold, with 2 advising it as a Buy. None have rated the stock as Underweight. The expected earnings per share for the stock is $0.04.
Palantir Technologies Inc. (NYSE:PLTR) trade information
Despite being -3.21% in the red in last session, the stock has traded in the green over the last five days, with the highest price hit on Tuesday, Apr 27 when the PLTR stock price touched $24.26- or saw a rise of 8.08%. Year-to-date, Palantir Technologies Inc. shares have moved -5.31%, while the 5-day performance has seen it change -7.51%. Over the past 30 days, the shares of Palantir Technologies Inc. (NYSE:PLTR) have changed -3.34%. Short interest in the company has seen 55.55 Million shares shorted with days to cover at 0.64.
Wall Street analysts have a consensus price target for the stock at $25.43, which means that the shares’ value could jump 14.04% from current levels. The projected low price target is $15 while the price target rests at a high of $40. In that case, then, we find that the current price level is +79.37% off the targeted high while a plunge would see the stock lose -32.74% from current levels.
Palantir Technologies Inc. (PLTR) estimates and forecasts
Earnings growth for 2021 is a modest -83.3% while over the next 5 years, the company’s earnings are expected to increase by 49.39%.
Palantir Technologies Inc. (NYSE:PLTR)’s Major holders
Insiders own 8.11% of the company shares, while shares held by institutions stand at 18.54% with a share float percentage of 20.18%. Investors are also buoyed by the number of investors in a company, with Palantir Technologies Inc. having a total of 548 institutions that hold shares in the company. The top two institutional holders are Disruptive Technology Advisers, LLC with over 41.01 Million shares worth more than $965.81 Million. As of December 30, 2020, Disruptive Technology Advisers, LLC held 2.34% of shares outstanding.
The other major institutional holder is Blackrock Inc., with the holding of over 33.35 Million shares as of December 30, 2020. The firm’s total holdings are worth over $785.41 Million and represent 1.9% of shares outstanding.
Also the top two Mutual Funds that are holding company’s shares are ARK ETF Tr-ARK Innovation ETF and Vanguard Total Stock Market Index Fund. As of March 30, 2021, the former fund manager holds about 0.73% shares in the company for having 12834160 shares of worth $298.91 Million while later fund manager owns 6.25 Million shares of worth $147.15 Million as of December 30, 2020, which makes it owner of about 0.36% of company’s outstanding stock.